Stock prices are determined in the financial markets. Management's primary goal is to maximize the firm's stock price, so financial managers need to understand how these markets operate in order to make good decisions.?

Financial managers highlighted means those saddled with the responsibility of managing companies' finances by envisaging well in advance the financial obligations a business has to fulfill as well planning well ahead for funds to discharged those obligations

Explanation:

However, as the key to ensuring the goal of an organisation in the area of maximizing share price is achieved, the financial managers must be alive to their responsibilities by having a thorough understanding of the stock markets to be able to advise management on those metrics the market players expect from the market if they are to buy its share at higher price.

One key thing that drives share price upward is the sustained increased in profits year on year as well the ability to pay dividends from the profits realized